Spread before costs (cost unknown: a leg has no order-book sample)+0.157%
7d average—if it closes, per $10,000$16funding while held, a day+$1.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX CL-USDT-SWAP | 92.450 | 0 | get 0.0000% / 4h | 1h 00m | $43.4M | $111.8M | 50x |
| Short | Injective WTI/USDC PERP | 92.595 | 0.0033 | get 0.0004% / 1h | 0m 43s | $18K | $14K | 30x |
OKX CL-USDT-SWAP
Injective WTI/USDC PERPPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $15.68
- Funding while held
- $1
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $6.66
- Spread needed to break even
- 0.100%
Slippage unknown: OKX: live order book, 5 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0033%
- Per $10,000 a day
- +$1.00
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 5 min ago | 0.54 bp | 5.5 bp −$6 | 6.4 bp −$64 | 15.5 bp −$1,546 | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
CL price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)92.174cheapestStandX92.280+0.115%Coinbase International92.340+0.180%Gate92.400+0.245%Ondo Perps92.430+0.278%GMX92.435+0.283%Aevo92.440+0.289%BloFin92.440+0.289%Bullet92.441+0.289%Paradex92.443+0.291%SoDEX92.445+0.294%Bitget92.448+0.297%Binance92.450+0.299%
gTrade (Gains Network)
StandX
Coinbase International
Gate
Ondo Perps
GMX
Aevo
BloFin
Bullet
Paradex
SoDEX
Bitget
BinanceOKX92.450+0.299%
QFEX92.450+0.299%Lighter92.460+0.310%Pacifica92.467+0.318%KuCoin92.467+0.318%Variational Omni92.468+0.319%Aster92.470+0.321%Bybit92.470+0.321%Aftermath Perps92.474+0.325%Deribit92.480+0.332%Polymarket Perps92.483+0.335%tradeXYZ92.485+0.337%Kraken Futures92.486+0.339%Extended92.500+0.354%ApeX Omni92.500+0.354%Phoenix92.500+0.354%Nado92.501+0.354%edgeX92.509+0.364%Vest92.540+0.397%dYdX92.551+0.409%RISEx92.559+0.417%
QFEX
Lighter
Pacifica
KuCoin
Variational Omni
Aster
Bybit
Deribit
Polymarket Perps
tradeXYZ
Kraken Futures
Extended
ApeX Omni
Phoenix
Nado
Vest
dYdX
RISExInjective92.595+0.457%
CL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) WTI/USD | −0.299% | L −0.0038% / S +0.0036% | 1h | $179K | — | 150x | as long as short |
| StandX CL-USD | −0.184% | +0.0040% | 1h | $727K | $2.5M | 40x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.119% | +0.0016% | 1h | $389K | $1.1M | 15x | as long as short |
| Gate CL_USDT | −0.054% | 0.0000% | 8h | $21.1M | $61.8M | 100x | as long as short |
| Ondo Perps WTI-USD.P | −0.022% | −0.0014% | 1h | $3.5M | $6.2M | 20x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | −0.016% | L +0.0130% / S +0.0031% | 1h | $79K | — | 111x | as long as short |
| Aevo WTIOIL-PERP | −0.011% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| BloFin CL-USDT | −0.011% | +0.0240% | 4h | $4.1M | $1.5M | 50x | as long as short |
| Bullet WTIOIL-USD | −0.010% | 0.0000% | 1h | $18K | $248K | 10x | as long as short |
| Paradex CL-USD-PERP | −0.008% | +0.0037% | 8h | $15K | $367 | 5x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX CL-USD | −0.005% | +0.0050% | 1h | $2.0M | $45K | 20x | as long as short |
| Bitget CLUSDT | −0.002% | 0.0000% | 4h | $42.6M | $63.3M | 100x | as long as short |
| Binance CLUSDT | 0.000% | −0.0052% | 4h | $245.0M | $1.04B | 100x | as long as short |
| OKX CL-USDT-SWAPlong | 0.000% | 0.0000% | 4h | $43.4M | $111.8M | 50x | |
| QFEX CL-USD | 0.000% | −0.0022% | 1h | $2.4M | $2.8M | 10x | as long as short |
| Lighter WTI | +0.011% | +0.0008% | 1h | $11.2M | $12.8M | 20x | as long as short |
| Pacifica CL | +0.018% | +0.0100% | 1h | $312K | $537K | 10x | as long as short |
| KuCoin CLUSDTM | +0.018% | +0.0100% | 4h | $7.6M | $1.1M | 50x | as long as short |
| Variational Omni CL | +0.020% | −0.0030% | 4h | $13.6M | $17.1M | — | as long as short |
| Aster CLUSD1 | +0.022% | −0.0069% | 4h | $25.0M | $70.6M | 20x | as long as short |
| Bybit CLUSDT | +0.022% | 0.0000% | 8h | $25.1M | $95.3M | 150x | as long as short |
| Aftermath Perps WTIUSD | +0.026% | −0.0066% | 1h | $2K | $34K | 5x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | +0.032% | −0.0074% | 1h | $96K | $465K | 15x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.036% | +0.0050% | 1h | $1.6M | $1.2M | 20x | as long as short |
| tradeXYZ xyz:CL | +0.038% | +0.0050% | 1h | $186.1M | $281.5M | 20x | as long as short |
| Kraken Futures PF_WTIOILUSD | +0.039% | +0.0064% | 1h | $259K | $1.3M | 25x | as long as short |
| Extended WTI-USD | +0.054% | +0.0032% | 1h | $1.9M | $29.8M | 10x | as long as short |
| ApeX Omni CLUSDT | +0.054% | +0.0100% | 1h | $56K | $271K | 50x | as long as short |
| Phoenix WTIOIL | +0.054% | +0.0009% | 1h | $33K | $271K | 20x | as long as short |
| Nado WTI-PERP | +0.055% | +0.0002% | 1h | $832K | $738K | 10x | as long as short |
| edgeX CLUSDC | +0.064% | +0.0042% | 4h | $532K | $352K | 30x | as long as short |
| Vest CL-PERP | +0.097% | +0.0046% | 1h | — | $243K | 10x | as long as short |
| dYdX WTI-USD | +0.110% | 0.0000% | 1h | $8K | $3K | 5x | as long as short |
| RISEx CL/USDC | +0.117% | 0.0000% | 1h | $3.1M | $2.6M | 20x | as long as short |
| Injective WTI/USDC PERPshort | +0.157% | +0.0033% | 1h | $18K | $14K | 30x |